1108 Termino

Long Beach, CA 90804
  • $3,699,000

    Price
  • 14

    Bed
  • 10

    Bath
  • 10,158

    SqFt

About the Listing OC07717 - OCNGUYUYE,CLW-C138752

Exceptional Investment Opportunity in Long Beach’s Eastside Discover this rare 1980s multifamily gem in the desirable Eastside neighborhood of Long Beach, a low-vacancy area with no Rent Control. The property features 10 spacious two-bedroom, condo-style apartments with bright interiors, large balconies, and vaulted ceilings in the upper units. Several units were remodeled in 2021, adding modern upgrades that enhance appeal for tenants. The gated 15-space parking garage offers convenience and additional income potential by renting out unused spaces. A newer roof with a lifetime guarantee, seller-owned laundry machines, and locked entrances with surveillance cameras ensure both security and stability. With tenants responsible for their own gas and electricity, operating costs remain low. Ideally located near freeways and public transportation, this well-maintained, income-producing property presents a rare chance to secure strong cash flow and long-term growth in one of Long Beach’s most thriving rental markets.

Listing Highlights

Status Active
Days on Site 72
Property Type Multi-Family
MLS ® OC25231379
Year Built 1986
Total Square Footage 10,158
Lot/Acreage 0.2

Interior Details

  • Bedrooms: 14
  • Bathrooms: 10 Full
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
  • Air Cond:
  • Heating: Central
  • Fireplaces:
  • Floor: Laminate,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 6-10 Units/Acre,No Land Lease
  • Garage Capacity: 15 car
  • Parking Spaces: 15
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Garage Faces Front,Garage,On Site,One Space,Garage Faces Side

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7254005032
  • Tax Year: N/A

Payment Calculator

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1108 Termino Long Beach, CA 90804

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Originating MLS: CRMLS

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